{"filing":{"accession_number":"0001104659-26-077342","cik":"0000711669","ticker":"CBAN","company_name":"COLONY BANKCORP INC","form":"8-K","filing_date":"2026-06-24","report_date":null,"primary_document":"tm2618469d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/711669/000110465926077342/tm2618469d1_8k.htm"},"events":[{"id":13594,"run_id":12073,"accession_number":"0001104659-26-077342","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"summary":"Colony Bankcorp entered into a definitive Agreement and Plan of Merger with First Reliance Bancshares on June 24, 2026, whereby FSRL will merge into Colony in a combined stock-and-cash transaction valued at approximately $163 million ($19.75 per share in cash or 0.94 shares of Colony stock, ~20% cash and 80% stock). The transaction creates a combined entity with approximately $5 billion in assets and has been unanimously approved by both boards, subject to shareholder approval and regulatory clearance, with expected closing in Q4 2026.","company_name":"COLONY BANKCORP INC","ticker":"CBAN","filing_date":"2026-06-24","form":"8-K","submitted_at":null,"items":[{"id":10772,"accession_number":"0001104659-26-077342","item_number":"1.01","item_title":"Entry into a Material","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"reasoning":"Colony Bankcorp entered into a definitive Agreement and Plan of Merger with First Reliance Bancshares on June 24, 2026, whereby FSRL will merge into Colony in a combined stock-and-cash transaction valued at approximately $163 million. The merger consideration is $19.75 per share in cash or 0.94 shares of Colony stock, with approximately 20% cash and 80% stock. This is a material acquisition creating a combined entity with ~$5 billion in assets, and both boards have unanimously approved the transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T21:02:53.034638+00:00","company_name":"","ticker":null,"filing_date":""},{"id":10773,"accession_number":"0001104659-26-077342","item_number":"8.01","item_title":"Other Events","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"reasoning":"The filing discloses Colony Bankcorp's entry into a definitive merger agreement to acquire 100% of First Reliance Bancshares in a stock-and-cash transaction valued at approximately $163 million. The press release explicitly states \"Colony has agreed to acquire 100% of the stock of First Reliance\" and describes this as a \"transformational partnership\" creating a combined entity with ~$5 billion in assets. This is a material acquisition requiring shareholder approval and regulatory clearance, expected to close in Q4 2026.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T21:02:53.034638+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":10772,"accession_number":"0001104659-26-077342","item_number":"1.01","item_title":"Entry into a Material","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"reasoning":"Colony Bankcorp entered into a definitive Agreement and Plan of Merger with First Reliance Bancshares on June 24, 2026, whereby FSRL will merge into Colony in a combined stock-and-cash transaction valued at approximately $163 million. The merger consideration is $19.75 per share in cash or 0.94 shares of Colony stock, with approximately 20% cash and 80% stock. This is a material acquisition creating a combined entity with ~$5 billion in assets, and both boards have unanimously approved the transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T21:02:53.034638+00:00","company_name":"COLONY BANKCORP INC","ticker":"CBAN","filing_date":"2026-06-24"},{"id":10773,"accession_number":"0001104659-26-077342","item_number":"8.01","item_title":"Other Events","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"reasoning":"The filing discloses Colony Bankcorp's entry into a definitive merger agreement to acquire 100% of First Reliance Bancshares in a stock-and-cash transaction valued at approximately $163 million. The press release explicitly states \"Colony has agreed to acquire 100% of the stock of First Reliance\" and describes this as a \"transformational partnership\" creating a combined entity with ~$5 billion in assets. This is a material acquisition requiring shareholder approval and regulatory clearance, expected to close in Q4 2026.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T21:02:53.034638+00:00","company_name":"COLONY BANKCORP INC","ticker":"CBAN","filing_date":"2026-06-24"}]}